If the Official Unemployment Rate Increases from February to March

question 110

Multiple Choice

If the official unemployment rate increases from February to March because of sluggish sales in the automobile industry,then the increase can be blamed on:

• A)seasonal unemployment.
• B)cyclical unemployment.
• C)structural unemployment.
• D)frictional unemployment.
• E)underemployment.

---

Definitions:

Fixed Asset Turnover Rate

A ratio that measures how efficiently a company uses its fixed assets to generate sales.

Total Asset Turnover Rate

A financial ratio that measures the efficiency of a company's use of its assets to generate sales, calculated as sales divided by total assets.

Net Fixed Assets

The value of a company's fixed assets minus depreciation, representing the actual usable value of physical assets.

Price-Earnings Ratio

The Price-Earnings Ratio (P/E ratio) is a financial metric that measures a company's current share price relative to its per-share earnings, used to evaluate its value.